In case you missed it, here are the most popular Home Health Care News stories grabbing readers’ attention this past week:
5 Most Expensive States for Home Health in 2015 – While the cost of home care services continues to grow more slowly than the cost of assisted living and nursing home care, a new report from insurance company Genworth, highlights the five most expensive states for home health aide services.
Will Boomers Reject Home Care? — The relationship between wealth and senior housing has changed over the years, says a recent report from the National Association of Real Estate Investment Trusts (NAREIT). Older adults with higher wealth levels are opting to live in senior housing facilities, which is a shift from prior generations with significant wealth who preferred to age in place.
Top 10 Places for Home Health Growth – The “golden years” of home health seem to be on the way out, with volume trends currently less favorable than historical norms. But some states are bucking the recent industry shift.
Philips, Cerner Launch New Home Care Tech to Reduce Readmissions – New products from health care technology companies Cerner Corp. (NASDAQ: CERN), Qualcomm Life, Inc., (NASDAQ: QCOM), and Royal Philips (NYSE: PHG; AEX: PHIA) are meant to improve outcomes and prevent hospital readmissions.
Agency Faces $50 Million Lawsuit Over Absent Home Care Aide –A Virginia-based home health care agency is being sued for $50 million after a client with severe disabilities died in a mobile home fire last year, local media report. Hand ’n Heart was allegedly hired by the victim to provide 24/7 care, and is being sued by his family because the agency allegedly failed to send a home care aide the night of the incident.
Written by Cassandra Dowell